ICGN is pleased to present our Policy Priorities for 2019. These complement our core policy documents — the ICGN Global Governance Principles and Global Stewardship Principles. These policy priorities seek to establish an overarching frame of reference to guide ICGN policy work and policy committees. 

ICGN issues letter to express our support by a petition put forward by the Council of Institutional Investors (CII) to the New York Stock Exchange (NYSE) and NASDAQ with regard to dual class share offerings: to require to a time-based sunset clause for dual class shares to revert to a traditional one-share/one-vote structure no more than seven years after a company’s IPO date. 

This survey has been developed to help you benchmark your stewardship activities with peers from around the world and to understand how best practice is developing. The aim is to provide you with insights and better understanding about stewardship practices in the investor community, not least given that it is changing at unprecedented pace. We intend to repeat the survey annually to help us all keep track of those changes.

ICGN and PRI are pleased to release a joint paper covering the investor agenda for corporate ESG reporting. A group of leading global investor organisations convened to address open questions relating to corporate ESG reporting to provide guidance and an investor perspective to the Corporate Reporting Dialogue and its members.  This Paper presents the preliminary outputs from the group on a range of ESG reporting issues, identifying points of consensus and division. 

It has come to our attention that the Belgian government intends to introduce in the Belgian parliament new legislation allowing listed companies to adopt double voting rights through loyalty shares. We believe that this is a seriously flawed tactic with unintended consequences, and discourage legislative initiatives to introduce loyalty shares in Belgium.

This Viewpoint explores all aspects of the anti-competitive debate linked to Common Ownership - exploring the potential problem, implications of the debate, institutional practice and evidence. ICGN believes that this challenge to common ownership is ill-founded, and lacking in both an understanding of institutional investment practice and clear evidence - read to explore why.

ICGN is pleased to release our latest Viewpoint - Human Capital Management (HMC):  Why investors should care and what they should look for in corporate disclosure. This Viewpoint delves into why HCM is important; the need for disclosure; the role of the board in HCM and how investors should assess with HCM disclosures by companies. 

In June, ICGN Members approved new Guidance drafted by the ICGN Shareholder Responsibilities Committee to extend fiduciary duties beyond ‘care’ and ‘loyalty’ to address the impact of systemic risk, time horizons and governance as part of stewardship obligations.

The debate over the possible merits and demerits of quarterly reporting is not a new one, and it is distinguished as an area where thoughtful investors can hold differing views, often reflecting jurisdictional preferences and regulatory standards. ICGN takes a fresh look at the debate following the Trump tweets. 

We are pleased to release the final report of the ICGN Focus on Italy Day, hosted by Assogestioni & in Academic Partnership with LUISS Guido Carli University, 28 June 2018.

ICGN is pleased to provide comments to the Public Company Accounting Oversight Board (PCAOB) draft Strategic Plan 2018-2022.

Investec Asset Management is the latest ICGN Member to publicly endorse our Global Stewardship Principles. Over 40 investors from around the world are listed on the ICGN website to signify join standards of stewardship policies and practices.

This Viewpoint report focuses on some of the key issues involved in managing Related Party Transactionss that should be considered when RPTs are being addressed. Key considerations typically include the process for approving such transactions, materiality standards and steps to ensure that proper value is established for such transactions

This Viewpoint serves to highlight the principles underlying effective board succession planning as part of the process of good corporate governance to help inform investor and company dialogue on the subject. This includes independence, refreshment, engagement, competence, integrity, transparency and inclusiveness

We are pleased to publish the ICGN Annual Review which highlights our work programme developments over the past 12 months and will be presented at the ICGN Annual General Meeting taking place on 24th June in Milan.